CLEP Principles of Microeconomics Practice Test

Almost everyone took some sort of Economics class back in high school. However, if you’re planning on attending college, you may find yourself having to take the class all over again! First-year students may be expected to take Principles of Microeconomics, among others. This class could be part of your general education requirements, or part of the bundle of first-year courses you’ll have to take as an Economics major. Regardless of how it ended up as part of your course load, you may have realized you don’t want to take this course whatsoever.

Luckily, there’s a way out! The College Board offers students to skip out on courses they don’t want to take in exchange for earning a passing score on the CLEP. The CLEP Principles of Microeconomics exam serves as a replacement for the full course. Should you score well on this exam, you will still receive the necessary college credits as well as the free time to pursue a different course.

Economics has long been recognized as one of the more complicated subjects out there. As such, you may want to utilize comprehensive study tools to ensure you do your best. Mometrix Test Preparation is here to help with our CLEP Principles of Microeconomics practice test. Designed to serve as an accurate mirror of the full exam, this resource is a great way to familiarize yourself with the test.

Like the real CLEP test for this particular subject, our practice test contains 80 CLEP Principles of Microeconomics practice test questions total. Between 10 and 16 percent of them will cover Market Failure and the Role of Government, which includes topics like Income Distribution, Externalities, Public Policy to Promote Competition, and Public Goods. 8 to 14 percent of the test deals with Basic Economic Concepts. Another 8 to 14 percent of the exam handles Factor Markets. Between 55 and 70 percent of test questions pertain to The Nature and Functions of Product Markets, an umbrella subject for such topics as Firm Behavior and Market Structure, Supply and Demand, Production and Costs, and Theory of Consumer Choice.

You can use this free study tool either standalone or in conjunction with our CLEP Principles of Microeconomics study guide. Regardless of which of our resources you use or how, we at Mometrix Test Preparation want to see you succeed. Good luck, and study hard!